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HomeMy WebLinkAboutAgenda Report - February 1, 2023 H-01CITY OF IP l; it • o z CALIFORNIA AGENDA ITEM H 40 1 COUNCIL COMMUNICATION AGENDA TITLE: Receive for File the Following Reports and Financial Statements Submitted by The Pun Group, LLP and Finance Department for Fiscal Year 2021-2022, Including the GANN Limit and Single Audit Report MEETING DATE: February 1, 2023 PREPARED BY: Accounting Manager RECOMMENDED ACTION: Receive for file the following reports and financial statements submitted by The Pun Group, LLP and the Finance Department for Fiscal Year 2021- 2022 including the GANN Limit and Single Audit Report. BACKGROUND INFORMATION: The annual audit was conducted to assure the City Council and other interested parties that the City's financial reports are prepared in accordance with generally accepted accounting principle (GAAP) against loss from unauthorized use or disposition of assets and that the City has complied with all agreements and covenants to obtain grant funds and debt financing. The Pun Group, LLP issues an "unmodified opinion". The agreed upon procedures for the above reports, were agreed upon by the City and The Pun Group and performed solely to assist in meeting the requirements of Section 1.5 of Article XIII -13 of the California Constitution. The agreed upon procedures engagements were conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants. The City's management is responsible for preparing each of the reports. The reports will be provided to Federal and State oversight agencies, bond trustees and insurance companies for their review and evaluation. Copies of the reports are provided to the City Council and are also available to the public by contacting the Financial Services Division. FISCAL IMPACT: No fiscal impact FUNDING AVAILABLE: No funding requested. Q/m� Andrew Keys Deputy City Manager/Internal Services Director APPROVED: 2023 nim P5rr Stephen Schwabauer, City Manager City of Lodi Lodi, California Independent Accountants' Report on Agreed -Upon Procedures Applied to Appropriations Limit Schedule For the Year Ending June 30, 2023 THE PUN GROUP ACCOUNTANTS & ADVISORS THE PUN GROUP ACCOUNTANTS & ADVISORS INDEPENDENT ACCOUNTANTS' REPORT ON APPLYING AGREED-UPON PROCEDURES To the Honorable Mayor and Members of City Council of the City of Lodi Lodi, California 2121 North Calllbrele, Sults 290 Walnut CreekCallfomla94596 www.pungroup.cpa Cz We have performed the procedures enumerated below to the accompanying Appropriations Limit Schedule of the City of Lodi, California (the "City") for the year ending June 30, 2023. The management at the City is responsible for the Appropriations Limit Schedule. The City has agreed to and acknowledged that the procedures performed are appropriate to meet the intended purpose of meeting the requirements set forth in Section 1.5 of Article XIII -B of the California Constitution. These procedures, which were suggested by the League of California Cities and presented in the publication entitled Agreed-upon Procedures Applied to the Appropriations Limitation Prescribed by Article XIII -B of the California Constitution, were performed solely to assist you in meeting the requirements. This report may not be suitable for any other purpose. The procedures performed may not address all the items of interest to a user of this report and may not meet the needs of all users of this report and, as such, users are responsible for determining whether the procedures performed are appropriate for their purposes. The procedures and associated findings are as follows: 1. We obtained the completed worksheets used by the City to calculate its appropriations limit for the year ending June 30, 2023, and compared the limits and annual adjustment factors that were adopted by resolution 2022-133 of the City Council. We also compared that the population and inflation options were selected by a recorded vote of the City Council. Finding: No exceptions were noted as a result of our procedures. 2. For the accompanying Appropriations Limit Schedule, we added the prior year's limit to the total adjustments, and compared the resulting amount to the current year's limit. Finding: No exceptions were noted as a result of our procedures. 3. We compared the current year information presented in the accompanying Appropriations Limit Schedule to corresponding information in worksheets used by the City. Finding: No exceptions were noted as a result of our procedures. 4. We agreed the appropriations limit presented in the accompanying Appropriations Limit Schedule to the appropriations limit adopted by the City Council during the year. Finding: No exceptions were noted as a result of our procedures. ORANGE COUNTY • SAN DIEGO SACRAMENTO • WALNUT CREEK • LAS VEGAS • PHOENIX 000 To the Honorable Mayor and Members of City Council of the City of Lodi Lodi, California Page 2 We were engaged by the City to perform this agreed-upon procedures engagement and conducted our engagement in accordance with attestation standards established by the American Institute of Certified Public Accountants. We were not engaged to and did not conduct an examination or review engagement, the objective of which would be the expression of an opinion or conclusion, respective on the accompanying Appropriations Limit Schedule. Accordingly, we do not express such an opinion or conclusion. Had we performed additional procedures, other matters might have come to our attention that would have been reported to you. We are required to be independent of the City, and to meet our other ethical responsibilities, in accordance with the relevant ethical requirements related to our agreed-upon procedures engagement. This report is intended solely for the information and use of the City Council and management of the City and is not intended to be and should not be used by anyone other than those specified parties. However, this report is a matter of public record and its distribution is not limited. Walnut Creek, California November 29, 2022 City of Lodi Appropriations Limit Schedule For the Year Ending June 30, 2023 A. Appropriations Limit from FY 2021-2022 B. Adjustment Factors: 1. Growth in City Population 2. California per Capita Personal Income Growth 3. Adjustment Factor C. Annual Adjustment Increase D. Other Adjustments: 1) Loss reponsibility (-) 2) Transfer to private (-) 3) Transfer to fees (-) 4) Assumed responsibility (-) E. Total Adjustments F. Appropriations Limit FY 2022-2023 See accompanying Notes to the Appropriations Limit Schedule. 3 Amount Source $ 124,907,868 Prior Year appropriations limit adopted by the City 1.0064 State Department of Finance 1.0755 State Department of Finance 1.0824 B 1 *B2 10,290,310 A * (133 - 1) — N/A — N/A — N/A — N/A 10,290,310 (C+D) $ 135,198,178 (A+E) City of Lodi Notes to the Appropriations Limit Schedule For the Year Ending June 30, 2023 Note 1— Purpose of Limited Procedures Review Under Article XIIIB of the California Constitution (the Gann Spending Limitation Initiative), California governmental agencies are restricted to the amount of annual appropriations from proceeds of taxes. Effective for years beginning on or after July 1, 1990, under Section 1.5 of Article XIIIB, the annual calculation of the appropriations limit is subject to a limited procedures review in connection with the annual audit. Note 2 — Method of Calculation Under Section 10.5 of Article XIIIB, for fiscal years beginning on or after July 1, 1990, the appropriations limit is required to be calculated based on the limit for the fiscal year 1986-87, adjusted for the inflation and population factors discussed in Notes 3 and 4 below. Note 3 — Population Factors A California governmental agency may use as its population factor either the annual percentage change of the jurisdiction's own population or the annual percentage change in population of the county where the jurisdiction is located. The factor adopted by the City for the year 2022-2023 represents the annual percentage change in population for the City. Note 4 — Inflation Factors A California governmental agency may use as its inflation factor either the annual percentage change in the 4th quarter per capita personal income (which percentage is supplied by the State Department of Finance) or the percentage change in the local assessment roll from the preceding year due to the change of local nonresidential construction. The factor adopted by the City for the year 2022-2023 represents the percentage change in California per capita personal income. Note 5 — Other Adjustments A California government agency may be required to adjust its appropriations limit when certain events occur, such as the transfer of responsibility for municipal services to, or from, another government agency or private entity. The City had no such adjustments for the year 2022-2023. City of Lodi Lodi, California Single Audit and Independent Auditors' Reports For the Year Ended June 30, 2022 THE PUN GROUP ACCOUNTANTS & ADVISORS City of Lodi Table of Contents Independent Auditors' Report on Internal Control Over Financial Reporting and on Compliance and Other Matters Based on an Audit of Financial Statements Performed in Accordance with Government Auditing Standards ................................. Independent Auditors' Report on Compliance for Each Major Federal Program, on Internal Control Over Compliance Required by the Uniform Guidance, and on Schedule of Expenditures of Federal Awards ................................................... Schedule of Expenditures of Federal Awards.......................................................................... Notes to the Schedule of Expenditures of Federal Awards ...................................................... Page 1 3 .................................. 7 .................................. 8 Schedule of Findings and Questioned Costs.............................................................................................................. 9 This page intentionally left blank THE PUN GROUP ACCOUNTANTS & ADVISORS 2121 North California, Suite 290 Walnut Creek, California 94596 www.pungroup.cpa (M REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS Independent Auditors' Report To the Honorable Mayor and Members of City Council of the City of Lodi Lodi, California We have audited, in accordance with the auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards issued by the Comptroller General of the United States, the financial statements of the governmental activities, the business -type activities, each major fund, and the aggregate remaining fund information of the City of Lodi, California (the "City"), as of and for the year ended June 30, 2022, and the related notes to the basic financial statements which collectively comprise the City's basic financial statements and have issued our report thereon dated November 29, 2022. Report on Internal Control Over Financial Reporting In planning and performing our audit of the financial statements, we considered the City's internal control over financial reporting (internal control) as a basis for designing audit procedures that are appropriate in the circumstances for the purpose of expressing our opinions on the financial statements, but not for the purpose of expressing an opinion on the effectiveness of the City's internal control. Accordingly, we do not express an opinion on the effectiveness of the City's internal control. A deficiency in internal control exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct, misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control, such that there is a reasonable possibility that a material misstatement of the entity's financial statements will not be prevented, or detected and corrected, on a timely basis. A significant deficiency is a deficiency, or a combination of deficiencies, in internal control that is less severe than a material weakness, yet is important enough to merit attention by those charged with governance. Our consideration of internal control was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control that might be material weaknesses or significant deficiencies. Given these limitations, during our audit we did not identify any deficiencies in internal control that we consider to be material weaknesses. However, material weaknesses may exist that have not been identified. ORANGE COUNTY • SAN DIEGO • SACRAMENTO • WALNUT CREEK • LAS VEGAS • PHOENIX 000 To the Honorable Mayor and Members of City Council of the City of Lodi Lodi, California Page 2 Report on Compliance and Other Matters As part of obtaining reasonable assurance about whether the City's basic financial statements are free from material misstatement, we performed tests of its compliance with certain provisions of laws, regulations, contracts, and grant agreements, noncompliance with which could have a direct and material effect on the financial statement. However, providing an opinion on compliance with those provisions was not an objective of our audit, and accordingly, we do not express such an opinion. The results of our tests disclosed no instances of noncompliance or other matters that are required to be reported under Government Auditing Standards. Purpose of this Report The purpose of this report is solely to describe the scope of our testing of internal control and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the City's internal control or on compliance. This report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the entity's internal control and compliance. Accordingly, this communication is not suitable for any other purpose. ,7;j `;4�, �-7' Walnut Creek, California November 29, 2022 THE PUN GROUP ACCOUNTANTS & ADVISORS 2121 North California, Suite 290 Walnut Creek, California 94596 www.pungroup.cpa (M REPORT ON COMPLIANCE FOR EACH MAJOR FEDERAL PROGRAM: REPORT ON INTERNAL CONTROL OVER COMPLIANCE; AND REPORT ON THE SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS REQUIRED BY THE UNIFORM GUIDANCE Independent Auditors' Report To the Honorable Mayor and Members of City Council of the City of Lodi Lodi, California Report on Compliance for Each Major Federal Program Opinion on Each Major Federal Program We have audited the City of Lodi, California's (the "City") compliance with the types of compliance requirements described in the OMB Compliance Supplement that could have a direct and material effect on each of the City's major federal programs for the year ended June 30, 2022. The City's major federal program is identified in the summary of the auditors' results section of the accompanying schedule of findings and questioned costs. In our opinion, the City complied, in all material respects, with the types of compliance requirements referred to above that could have a direct and material effect on each of its major federal programs for the year ended June 30, 2022. Basis for Opinion on Each Major Federal Program We conducted our audit of compliance in accordance with auditing standards generally accepted in the United States of America; the standards applicable to financial audits contained in Government Auditing Standards issued by the Comptroller General of the United States; and the audit requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (the "Uniform Guidance"). Our responsibilities under those standards and the Uniform Guidance are further described in the Auditor's Responsibilities for the Audit of Compliance section of our report. We are required to be independent of the City and to meet our other ethical responsibilities, in accordance with relevant ethical requirements relating to our audit. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion on compliance for each major federal program. Our audit does not provide a legal determination of the City's compliance with the compliance requirements referred to above. Responsibilities of Managementfor Compliance Management is responsible for compliance with the requirements referred to above and for the design, implementation, and maintenance of effective internal control over compliance with the requirements of laws, statutes, regulations, rules, and provisions of contracts or grant agreements applicable to the City's federal programs. ORANGE COUNTY • SAN DIEGO • SACRAMENTO • WALNUT CREEK • LAS VEGAS • PHOENIX 000 To the Honorable Mayor and Members of City Council of the City of Lodi Lodi, California Page 2 Auditors' Responsibilities for the Audit of Compliance Our objectives are to obtain reasonable assurance about whether material noncompliance with the compliance requirements referred to above occurred, whether due to fraud or error, and express an opinion on the City's compliance based on our audit. Reasonable assurance is a high level of assurance but is not absolute assurance and therefore is not a guarantee that an audit conducted in accordance with auditing standards generally accepted in the United States of America, Government Auditing Standards, and the Uniform Guidance will always detect material noncompliance when it exists. The risk of not detecting material noncompliance resulting from fraud is higher than for that resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. Noncompliance with the compliance requirements referred to above is considered material if there is a substantial likelihood that, individually or in the aggregate, it would influence the judgment made by a reasonable user of the report on compliance about the City's compliance with the requirements of each major federal program as a whole. In performing an audit in accordance with auditing standards generally accepted in the United States of America, Government Auditing Standards, and the Uniform Guidance, we: Exercise professional judgment and maintain professional skepticism throughout the audit. Identify and assess the risks of material noncompliance, whether due to fraud or error, and design and perform audit procedures responsive to those risks. Such procedures include examining, on a test basis, evidence regarding the City's compliance with the compliance requirements referred to above and performing such other procedures as we considered necessary in the circumstances. Obtain an understanding of the City's internal control over compliance relevant to the audit in order to design audit procedures that are appropriate in the circumstances and to test and report on internal control over compliance in accordance with the Uniform Guidance, but not for the purpose of expressing an opinion on the effectiveness of the City's internal control over compliance. Accordingly, no such opinion is expressed. We are required to communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and any significant deficiencies and material weaknesses in internal control over compliance that we identified during the audit. Report on Internal Control Over Compliance A deficiency in internal control over compliance exists when the design or operation of a control over compliance does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct, noncompliance with a type of compliance requirement of a federal program on a timely basis. A material weakness in internal control over compliance is a deficiency, or a combination of deficiencies, in internal control over compliance, such that there is a reasonable possibility that material noncompliance with a type of compliance requirement of a federal program will not be prevented, or detected and corrected, on a timely basis. A significant deficiency in internal control over compliance is a deficiency, or a combination of deficiencies, in internal control over compliance with a type of compliance requirement of a federal program that is less severe than a material weakness in internal control over compliance, yet important enough to merit attention by those charged with governance. Our consideration of internal control over compliance was for the limited purpose described in the Auditors' Responsibilities for the Audit of Compliance section above and was not designed to identify all deficiencies in internal control over compliance that might be material weaknesses or significant deficiencies in internal control over compliance. Given these limitations, during our audit we did not identify any deficiencies in internal control over compliance that we consider to be material weaknesses, as defined above. However, material weaknesses or significant deficiencies in internal control over compliance may exist that were not identified. To the Honorable Mayor and Members of City Council of the City of Lodi Lodi, California Page 3 Our audit was not designed for the purpose of expressing an opinion on the effectiveness of internal control over compliance. Accordingly, no such opinion is expressed. The purpose of this report on internal control over compliance is solely to describe the scope of our testing of internal control over compliance and the results of that testing based on the requirements of the Uniform Guidance. Accordingly, this report is not suitable for any other purpose. Schedule of Expenditures of Federal Awards We have audited the financial statements of the governmental activities, the business -type activities, each major fund, and the aggregate remaining fund information of the City as of and for the year ended June 30, 2022, and have issued our report thereon dated November 29, 2022 which contained unmodified opinion on those financial statements. Our audit was conducted for the purpose of forming our opinion on the City's Basic Financial Statements. The accompanying Schedule of Expenditures of Federal Awards, as required by Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, is presented for purposes of additional analysis and is not a required part of the financial statements. Such information is the responsibility of management and was derived from and relates directly to the underlying accounting and other records used to prepare the financial statements. The information has been subjected to the auditing procedures applied in the audit of the basic financial statements and certain other procedures, including comparing and reconciling such information directly to the underlying accounting and other records used to prepare the financial statements or to the financial statements themselves, and other additional procedures in accordance with auditing standards generally accepted in the United States of America. In our opinion, the Schedule of Expenditures of Federal Awards is fairly stated in all material respects in relation to the basic financial statements as a whole. ,r, A, Z-7' Walnut Creek, California January 19, 2023, except for the Schedule of Expenditures of Federal Awards, which is as of November 29, 2022. This page intentionally left blank. City of Lodi Schedule of Expenditures of Federal Awards For the Year Ended June 30, 2022 U.S. Department of Justice Passed through California Office of Traff c Safety: Bulletproof Vest Partnership U.S. Department of Transportation Federal Transit Cluster Direct Program: FFY 2018 Operating (Lodi FY 17/18) and Bus Stop Improvements Project Lodi 5307 CARES Act Operating Assistance for FY 19-20 and FY 20-21 Lodi 5307 and 5339 Operating Assistance and Bus Replacement for FYI 9, FY20 and FY21 ARPA Section 5307 Transit Operating Assistance Total Federal Transit Cluster Highway Planning and Construction Cluster Passed through California Department of Transportation: Highway Planning and Construction Total Planning and Construction Cluster Passed through California Office of Traffic Safety: Selective Traffic Enforcement Program (STEP) U.S. Environmental Protection A¢encv Direct Program: Brownfields Assessment and Cleanup Cooperative Agreements U.S. Department of Treasury Direct Program: Coronavirus State and Local Fiscal recovery Funds Passed through California Department of Community Services and Development (CSD) California Arrearage Payment Program (CAPP) Passed -Through State Water Resources Control Board: California Water Arrearage Payment Program (CW WAPP) California Wastewater Arrearage Program (CWWAPP) 16.607 BA-20005-SM02 Federal Total U.S. Department of Transportation Amount Federal Grantor/Pass - Through Assistance Pass -Through Entity Federal Provided to Grantor/Program Title Listing Number Identifying Number Expenditures Subrecipients U.S. Department of Housin¢ and Urban Development 1,473,924 CDBG - Entitlement Grants Cluster 393,302 393,302 Direct Program: 20.608 & 20.006 PT21164 43,947 Total U.S. Department of Transportation Community Development Block Grant 14.218 B -16 -MC -06-0038 $ 77,014 $ Community Development Block Grant 14.218 B -19 -MC -06-0038 24,569 Community Development Block Grant 14.218 B -20 -MC -06-0038 228,911 Community Development Block Grant 14.218 B -20 -MW -06-0038 166,854 Community Development Block Grant 14.218 B -21 -MC -06-0038 293,776 Total CDBG - Entitlement Grants Cluster 791,124 Total U.S. Department of Housing and Urban Development 791,124 U.S. Department of Justice Passed through California Office of Traff c Safety: Bulletproof Vest Partnership U.S. Department of Transportation Federal Transit Cluster Direct Program: FFY 2018 Operating (Lodi FY 17/18) and Bus Stop Improvements Project Lodi 5307 CARES Act Operating Assistance for FY 19-20 and FY 20-21 Lodi 5307 and 5339 Operating Assistance and Bus Replacement for FYI 9, FY20 and FY21 ARPA Section 5307 Transit Operating Assistance Total Federal Transit Cluster Highway Planning and Construction Cluster Passed through California Department of Transportation: Highway Planning and Construction Total Planning and Construction Cluster Passed through California Office of Traffic Safety: Selective Traffic Enforcement Program (STEP) U.S. Environmental Protection A¢encv Direct Program: Brownfields Assessment and Cleanup Cooperative Agreements U.S. Department of Treasury Direct Program: Coronavirus State and Local Fiscal recovery Funds Passed through California Department of Community Services and Development (CSD) California Arrearage Payment Program (CAPP) Passed -Through State Water Resources Control Board: California Water Arrearage Payment Program (CW WAPP) California Wastewater Arrearage Program (CWWAPP) 16.607 BA-20005-SM02 16,645 Total U.S. Department of Transportation 16,645 20.507 CA -2018-102-00 73,924 20.507 CA -2020-199-00 1,155,526 20.507 CA -2021-252-00 237,488 20.507 CA -2022-190-00 6,986 1,473,924 20.205 STPL-5154(049) 393,302 393,302 20.608 & 20.006 PT21164 43,947 Total U.S. Department of Transportation 1,911,173 66.818 98T09801 64,413 Total U.S. Environmental Protection Agency 64,413 21.027 n/a 6,189,462 21.027 21.027 1,039,755 21.027 21.027 278,518 21.027 21.027 353,462 Total U.S. Department of Treasury 7,861,197 Total Expenditures of Federal Awards $ 10,644,552 $ See accompanying Notes to the Schedule of Expenditures of Federal Awards. 7 City of Lodi Notes to the Schedule of Expenditures of Federal Awards For the Year Ended June 30, 2022 Note 1— Reporting Entity The financial reporting entity, as defined by the Governmental Accounting Standard Board ("GASB"), consists of the primary government, which is the City of Lodi, California (the "City"), organizations for which the primary government is financially accountable, and other organizations for which the nature and significance of their relationship with the primary government are such that exclusion would cause the reporting entity's financial statements to be misleading or incomplete. Note 2 — Basis of Accounting Funds received under the various grant programs have been recorded within the governmental and proprietary fund types of the City. The City utilizes the modified accrual method of accounting for the governmental fund types and the full accrual method of accounting for the proprietary fund types. The accompanying Schedule of Expenditures of Federal Awards ("Schedule") is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Therefore, some amounts presented in the schedule may differ from amounts presented in, or used in, the preparation of the City's basic financial statements. Note 3 — Schedule of Expenditures of Federal Awards The accompanying Schedule presents the activity of all federal financial assistance programs of the City. For the purposes of this schedule, federal awards include both federal financial assistance received directly from a federal agency, as well as federal funds received indirectly by the City from a non-federal agency or other organization. Only the portion of program expenditures reimbursable with such federal funds is reported in the accompanying Schedule. Program expenditures in excess of the maximum federal reimbursement authorized or the portion of the program expenditures that were funded with state, local or other non-federal funds are excluded from the accompanying Schedule. The Schedule was prepared from only the accounts of various grant programs and, therefore, does not present the financial position, change in fund balance, or results of operations of the City. Note 4 — Indirect Cost Rate The City has not elected to use the 10 -percent de minimis indirect rate as allowed under the Uniform Guidance. City of Lodi Schedule of Findings and Questioned Costs For the Year Ended June 30, 2022 Section I — Summary of Auditor's Results Financial Statements Type of report the auditors issued on whether the financial statements audited were prepared in accordance with GAAP: Unmodified Internal control over financial reporting: • Material weakness(es) identified? No • Significant deficiency(ies) identified? None Reported Noncompliance material to financial statements noted? No Federal Awards Internal control over major programs: • Material weakness(es) identified? No • Significant deficiency(ies) identified? None Reported Type of auditor's report issued on compliance for major programs Unmodified Any audit findings disclosed that are required to be reported in accordance with 2 CFR 200.516(a)? No Identification of major programs: Federal Assistance Name of Federal Program or Cluster Listing Number(s) Expenditures Coronavirus State and Local Fiscal Recovery Funds 21.027 $ 7,861,197 Total Expenditures of All Major Federal Programs $ 7,861,197 Total Expenditures of Federal Awards $ 10,644,552 Percentage of Total Expenditures of Federal Awards 73.85% Dollar threshold used to distinguish between type A and type B program Auditee qualified as low-risk auditee in accordance with 2 CFR 200.520? 9 $750,000 Yes City of Lodi Schedule of Findings and Questioned Costs (Continued) For the Year Ended June 30, 2022 Section II — Financial Statement Findings A. Current Year Findings — Financial Statement Audit No current year financial statement findings were noted. B. Prior Year Findings — Financial Statement Audit Finding 2021-001 Lack of Proper Timecard Authorization and Project Documentation Criteria: Management is responsible for the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error. Internal control is the process designed to ensure reliable financial reporting, effective and efficient operations, and compliance with applicable laws and regulations. Safeguarding assets against theft and unauthorized use, acquisition, or disposal is also part of internal control. Internal controls consist of an organization's overall control environment and control activities. Control activities are the specific policies and procedures management uses to achieve its objectives. The most important control activities involve segregation of duties, proper authorization of transactions and activities, adequate documents and records, physical control over assets and records, and independent checks on performance. An overall purpose of internal control over financial reporting is to foster the preparation of reliable financial statements. Condition: During the audit, we identified the following conditions in internal control: Payroll We found that four (4) out of the forty (40) timesheets or timecards that were selected for testing for proper authorization, were missing the required approvals. Capital Assets We found in two (2) out of the fourteen (14) Capital Improvement Projects ("CIP") selected for testing, project completion documentation and cutoff procedures related to the timing of when asset should be placed in service and the amounts were not accurate. This caused assets to be placed in service prior to their relevant completion date. A total of approximately $2.1M was placed in service as a completed project prior to its completion date. Though this did not impact the overall value of capital assets or related depreciation, errors could grow in magnitude if undetected. Cause: The City has internal control processes in place that are manual such as the timesheet approval process and submission of documentation. As a result, these processes have higher risk that they may not be fully executed in compliance with the policy and procedures without a control process in place to track each item. In a large organization like the City, this becomes more difficult based on the volume of data it has to process on a daily basis and with limited staffing. 10 City of Lodi Schedule of Findings and Questioned Costs (Continued) For the Year Ended June 30, 2022 Section II — Financial Statement Findings (Continued) B. Prior Year Findings — Financial Statement Audit (Continued) Finding 2021-001 Lack of Proper Timecard Authorization and Project Documentation (Continued) Effect: The lack of proper authorization of transactions and cutoff procedures negates that the City's personnel adhered to established guidelines unless managers authorize another course of action. When documents and records are missing authorizations as a key control, the City increases its risk that financial statements will not be accurate. Controls designed to ensure adequate recordkeeping include authorization and review of supporting documents over the amounts and time period of transaction in the financial system. Otherwise accounting errors can go undetected and not be corrected in a timely manner. Context: The City has been working steadily to improve its internal control over financial accounting and reporting through the institutionalization of improved policies, procedures, and automation of existing manual controls. Recommendation: We recommend that the timecard and project completion and capitalization procedures be evaluated for automation within the Tyler Munis system to the extent possible. In the absence of automated controls, the City should contemplate whether additional personnel are needed in order to enhance its review and authorization process within the internal controls. View of Responsible Officials: The City concurs with the recommendation. Due to the COVID-19 global pandemic, the City was only able to partially implement all recommendations and improvements are still ongoing. However, new procedures including additional checks and balances have been put in place to ensure more accurate closing and payroll processes. New procedures have been drafted by an outside industry expert to ensure better processing of bank reconciliations. New restrictions have been placed in Munis so no batches will automatically release without review. In addition, all batch paperwork will be stamped released, with the date, and the signature/initials of the one release the batch for posting. Training to departments on timesheet management will be provided by the end of the current fiscal year. City will also be implementing workflow processes and moving to Employee Self Service for time management of employees. Status: Implemented. 11 City of Lodi Schedule of Findings and Questioned Costs (Continued) For the Year Ended June 30, 2022 Section III — Federal Award Findings (Continued) A. Current Year Findings and Questioned Costs — Major Federal Award Program Audit No findings or questioned costs were noted on the City's major federal programs for the year ended June 30, 2022. B. Prior Year Findings and Questioned Costs — Major Federal Award Program Audit No findings or questioned costs were noted on the City's major federal programs for the year ended June 30, 2021. 12 THE PUN GROUP ACCOUNTANTS & ADVISORS CITY OF LODI Presentation to the City Council GANN Limit For the Fiscal Year Ended June 30, 2023 Single Audit Report For the Fiscal Year Ended June 30, 2022 Agenda Item: H-01 February 1, 2023 i, ri r7 A CONTENTS • Scope of Work • Audit Results • GANN Limit • Single Audit • Thank You! V N Caul' ACCOUNTANTS & ADVISORS SCOPE OF WORK EffiNGROUV ACCOUNTANTS & ADVISORS SCOPE OF WORK • Financial Statement Audit • Annual Comprehensive Financial Report — For Fiscal Year Ending June 30, 2022 (Presented to Council) • Compliance Audit • Single Audit — Federal Expenditures Audit — For Fiscal Year 2021-2022 • Agreed Upon Procedures • GANN Limit — For Fiscal Year 2022-2023 ThN GR UP ACCOUNTANTS & ADVISORS AUDIT RESULT EffiNGROUV ACCOUNTANTS & ADVISORS Flo Audit Results - GANN Limit • Certain agreed upon procedures intended to meet the purpose of the requirements set forth in Section 1.5 of Article XIII -B, Government Spending Limitation of the California Constitution are performed on schedules the City prepares. • The League of California Cities suggested procedures are contained in the publication entitled Agreed-upon Procedures Applied to the Appropriations Limitation Prescribed by Article X111-8 of the California Constitution. • These procedures are performed solely to assist you in meeting those requirements. • We conduct our engagement in accordance with Attestation Standards established b) the American Institute of Certified Public Accountants. • We do not conduct an examination or review and accordingly do not express such an opinion or conclusion. • No exceptions were found as a result of performing the agreed upon procedures. ThN GROUP ACCOUNTANTS & ADVISORS U Audit Results - Single Audit • Perform audit in accordance with Government Auditing Standards and the Uniform Guidance issued under OMB A-133. • Report on Internal Control over Financial Reporting and on Compliance and Other Matters Based on an Audit of Financial Statements Performed in Accordance with Government Auditing Standards Report on Compliance for Each Major Federal Program; Report on Internal Control over Compliance; and Report on the Schedule of Expenditures of Federal Awards Required by the Uniform Guidance ThN GROUP ACCOUNTANTS & ADVISORS Audit Results - Single Audit Identification of major programs: Federal Assistaner [dame of Federal Program or Cluster Listing Numbrr(s) Expenditures Coronavirus State and local Fiscal Recovery Funds 21,027 S 7,8 1,197 Total Exprnditures of All Major Federal programs S 7,861,197 Total Expenditures of Federal Awards $ 10,644,552 Section l — Summary of Auditor's results Dollar threl Financial Statements LLAuditce q Typc of report statements au -c Internal contr-c * Mater * Signif Noncomplian-c THE CROUP ACCOUNTANTS & ADVISORS Federal Awards Internal control over major programs: * Material weakness(es) identified? * Significant deficiency(ics) identified? Type of auditor's report issued on compliance for major programs Any audit findings disclosed that are required to be reported in accordance with 2 CFR 200.516(a)? No None Reported Unmodified No • Historical Audit Results - Single Audit Material Weaknesses - 1 - - - Significant Deficiencies Instance of Noncompliance ThN GRQUP ACCOUNTANTS & ADVISORS 1 2 2 - 2 - 1 THE PUN GROUP ACCOUNTANTS & ADVISORS ,.y HQ - ORANGE COUNTY SAN DIEGO BAY AREA SACRAMENTO LAS VEGAS PHOENIX 200 E. Sandpointe Avenue 4365 Executive Drive 2121 North California Blvd. 1610 R Street. 1980 Festival Plaza Drive 2 North Central Avenue Suite 600 Suite 710 Suite 290 Suite 300 Suite 300 Suite 1800 Santa Ana, CA 92707 San Diego, CA 92121 Walnut Creek, CA 94596 Sacramento, CA 95811 Las Vegas, NV 89135 Phoenix, AZ 85004